• Reps summon CBN, NNPC over forex, aviation fuel

    Reps summon CBN, NNPC over forex, aviation fuel

    According to reports, the House of Representatives Committee on Aviation has directed the Central Bank of Nigeria (CBN) and the Nigerian National Petroleum Corporation (NNPC) to appear before it today to explain its role in the challenges facing the aviation sector.

    Meanwhile, a leading financial institution, Access Bank Plc, has successfully raised $300 million via a Eurobond from the international bond market.

    The aviation sector is currently battling challenges associated with operations of foreign and local airlines in Nigeria.

    According to the Chairman […]